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Dec 26, 2012
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it had not yet been named silicon valley, but you had the defense industry; you had hewlett-packard, but you also had the counter-culture of the bay area. that entire brew came together in steve jobs. he was sort of a hippie-ish rebel kid, loved listening to dylan music, dropped acid, but also he loved electronics. >> jobs would eventually cross paths with a computer wizard at berkeley five years his senior named steve wozniak. they became fast friends, sharing a love of high-tech pranks and a disdain for authority. one of the things they did was to copy and improve an illicit device called a blue box, which reproduced the tones that the phone company used and allowed users to make free long-distance phone calls. >> wozniak loves the blue box. he's doing it as a prank. steve says, "we can sell them. we can market them." and they sold about 100 of 'em. and jobs said to me, "that's the beginning of apple. when we started doing that blue box, i knew that with wozniak's brilliant designs and my marketing skills, we could sell anything." >> that was still a few years off. jobs enrolled at
it had not yet been named silicon valley, but you had the defense industry; you had hewlett-packard, but you also had the counter-culture of the bay area. that entire brew came together in steve jobs. he was sort of a hippie-ish rebel kid, loved listening to dylan music, dropped acid, but also he loved electronics. >> jobs would eventually cross paths with a computer wizard at berkeley five years his senior named steve wozniak. they became fast friends, sharing a love of high-tech pranks...
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Dec 29, 2012
12/12
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the policy direction the president is setting, one of which, there's going to be a lot less money for defense and so the american ability to project power abroad is going to decline and maybe rapidly. the key question, economic growth. can we get out of this 1% to 2 1/2% ban we've been in for four years now and break out of that, if we can't, the kind of commitments the government make, the government is making are just going to be unaffordable. >> you know, i think i've previously cited the noble economist, noble laureate, university of chicago who looked at this closely and shade why aren't we get growth coming and cited europe, and fell off the growth path around 3% after world war ii and he concluded, as jason was just suggesting, the welfare commitments they'made. it was unsustainable and the growth rate dropped permanently and lucas raised the question whether the united states itself was on this lower, long-term growth path. that's the question. >> so, jason, what's-- where do we go from here? particularly if you're conservative, what are your-- where does the comeback begin? does it b
the policy direction the president is setting, one of which, there's going to be a lot less money for defense and so the american ability to project power abroad is going to decline and maybe rapidly. the key question, economic growth. can we get out of this 1% to 2 1/2% ban we've been in for four years now and break out of that, if we can't, the kind of commitments the government make, the government is making are just going to be unaffordable. >> you know, i think i've previously cited...
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Dec 26, 2012
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own the defense cut. instead, boehner and the gang allow the president to star in his own superhero film. he will cut the hawaiian vacation short and come back to save us mere mortal from the fiscal cliff. winning the optics war and winning it big. juan, how did you get the ball back from the republicans? they had it. this was obama's economy, his face calf cliff. now boehner fails on the vote and next thing you know, the ball is in your court. >> juan: i think you are right. i think boehner at the moment looking weaker. he is out of this altogether at the moment. his troops abandoned him. he is okay keeping the speaker on january 3 when the republican caucus vote but you are hearing rumors about eric cantor who is next to him launching some kind of a coop at the moment. i don't know where it goes. but it seems that he is in a position where the republicans in the senate and the white house are really the ones who will negotiate the deal. you have ten or 19 in the senate. will he have a vote? >> eric: 32
own the defense cut. instead, boehner and the gang allow the president to star in his own superhero film. he will cut the hawaiian vacation short and come back to save us mere mortal from the fiscal cliff. winning the optics war and winning it big. juan, how did you get the ball back from the republicans? they had it. this was obama's economy, his face calf cliff. now boehner fails on the vote and next thing you know, the ball is in your court. >> juan: i think you are right. i think...
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Dec 26, 2012
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defense and interest. the ones grown the most are medicare and medicaid. we have to do something to stop the increase in the amount or it will swallow the rest of the budget. continuing to run these huge deficits. gerri: it will take over our budget, the only thing we pay for. as you pointed out, the services found we can't even get the front portion of this right. this is a topic you're very interested in. we're trying to find fraud and found 20 million in overpayment. what is wrong with the system here? >> it is the bureaucrats implementing what is a good law. what we did was follow the credit card industry does. many of your viewers have had transactions on the credit card for the credit card company called and said there is a fraud alert on your card, did you really do that transaction? that is computer modeling looking at your spending habits and sees if they're in the normal course of your spending and if they are not, the computer puts up the red flag and they check with you and if you say no, they don't pay. but to something working in the private
defense and interest. the ones grown the most are medicare and medicaid. we have to do something to stop the increase in the amount or it will swallow the rest of the budget. continuing to run these huge deficits. gerri: it will take over our budget, the only thing we pay for. as you pointed out, the services found we can't even get the front portion of this right. this is a topic you're very interested in. we're trying to find fraud and found 20 million in overpayment. what is wrong with the...
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Dec 29, 2012
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i worry about the automatic defense cuts. medicare, people vulnerable problems but i think there is a genuine effort by these leaders right now especially mcconnell and harry reid to get a bill to the senate floor that you mentioned that moves us in the right direction. maybe short-term and then in a few days later after the new year's a longer term grand bargain. >> sean: you know, governor, with all -- we are good friends, you totally avoided my question. for 1300 p. days over three years the senate has a constant -- i know you are laughing. the senate as a constitutional authority to pass spending bills and they he haven't done it. and now three days before the country is going over a fiscal cliff and now maybe might get a mini deal and now they are engaged. don't you think that is irresponsible from the democratic standpoint. i think republicans have made mistakes. they spend too much money, too. >> sean, it has been irresponsible on the part of the whole congress. this is why they are held in such low esteem. as a govern
i worry about the automatic defense cuts. medicare, people vulnerable problems but i think there is a genuine effort by these leaders right now especially mcconnell and harry reid to get a bill to the senate floor that you mentioned that moves us in the right direction. maybe short-term and then in a few days later after the new year's a longer term grand bargain. >> sean: you know, governor, with all -- we are good friends, you totally avoided my question. for 1300 p. days over three...
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Dec 27, 2012
12/12
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mechanisms, risk taking but still defensive in orientation. high yield bonds, bank loans, sovereign debt in the emerging markets getting 5-7% interest payments for two year debt along the way. any of those environments or situations, you're likely to get improved returns on your portfolio or fairly good returns without the same list of equities and without under-performing inflation like you will be in cash or traditional treasuries. >> jason, i agree with a lot of what you have to say. i want to focus on high quality dividend stocks. there's an issue there. a lot of people flocked to that sector this year. it underperformed, number one and number two, they're very expensive, utilities, telecoms for verizon. these are considered quote-unquote high quality dividend dents. where else can we look so we doesn't ends up with historic valuation metrics. >> this is an important definition you have to strike. not utilities and telecom, the high dividends, some high quality. we're looking for stable businesses with large profit margins and growth in di
mechanisms, risk taking but still defensive in orientation. high yield bonds, bank loans, sovereign debt in the emerging markets getting 5-7% interest payments for two year debt along the way. any of those environments or situations, you're likely to get improved returns on your portfolio or fairly good returns without the same list of equities and without under-performing inflation like you will be in cash or traditional treasuries. >> jason, i agree with a lot of what you have to say. i...
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Dec 30, 2012
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defense budget would be reduced by $455 billion. domestic programs would be slashed by 464 billion. 1,000 government programs face potential cuts, including three that directly impact air travel. john bentley has the story. >> reporter: long waits at airport security are nothing new. but if the u.s. government goes over the fiscal cliff, they could get even longer. according to one congressional analysis, the transportation security administration would lose more than $640 million in funding, roughly 7% of out budget. t.s.a. with would also lose over 7,000 security officers. safety would not be compromised. the passenger misery would increase. >> it could be a severe impact on the traveling public. instead of maybe one hour, you may be there two or three hours before. >> reporter: long lines would be the least of the problems. under the mandatory cuts of the fiscal cliff, the federal aviation administration would lose $800 million, and more than 2,000 air traffic controllers. fewer controllers mean fewer planes moving passengers and
defense budget would be reduced by $455 billion. domestic programs would be slashed by 464 billion. 1,000 government programs face potential cuts, including three that directly impact air travel. john bentley has the story. >> reporter: long waits at airport security are nothing new. but if the u.s. government goes over the fiscal cliff, they could get even longer. according to one congressional analysis, the transportation security administration would lose more than $640 million in...
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Dec 28, 2012
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cut defense and health. they will be able to reintate a lot of programs and give his caucus the opportunity to say look, i am voting for something. i am voting to restore tax cuts for the middle class. voting to restore great thin things. republicans are in a tough position. no one will say vote to restore the tax cut for rich. this is his game plan from day one. >> eric: what is the a terptive? $250,000 and above? we see obama not oftenning cuts at all. looking for spending. >> kimberly: managing the message very well. conciliatory. >> andrea: boehner did -- boehner has taken heat. in his defense he has taken a ton of flak on this. he has given a terrible hand of cards. but he came to the table. he tried to at least bring something to the floor. mitch mcconnell knows he can't pass anything, any tax cut for everyone under $1 million. kimberly, that wouldn't even pass the senate. >> juan: allow me to introduce a little sanity to this forum. >> andrea: yes, juan. >> juan: say it's incredit to believe me he wou
cut defense and health. they will be able to reintate a lot of programs and give his caucus the opportunity to say look, i am voting for something. i am voting to restore tax cuts for the middle class. voting to restore great thin things. republicans are in a tough position. no one will say vote to restore the tax cut for rich. this is his game plan from day one. >> eric: what is the a terptive? $250,000 and above? we see obama not oftenning cuts at all. looking for spending. >>...
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Dec 28, 2012
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republicans have said department of defense shouldn't be on the table. we shouldn't demand more of the 50 seat accountability from across government. we are putting spending cuts on the table and investing for economic growth on the table. we need to stop having a discussion about who the bad guy is and start getting serious about getting this done. >> good luck on sunday night. we're all looking forward to seeing what you guys get done on sunday night when you're back in session. it's good to have you on. we have a market flash. >>> michelle, want to take a check on the share of facebook today. reversing some of the losses on reports that ichb stay gram had lost 25% of its users since it changed its service. the data came from a firm called app data. doing a bit of a deeper dive saying that the drop in instagram daily users actually happened around christmas time. that's when people are traveling, when they're on vacation, when they're not logging into facebook. they also note that we saw similar trends in companies like skype, pandora, and pinterest. s
republicans have said department of defense shouldn't be on the table. we shouldn't demand more of the 50 seat accountability from across government. we are putting spending cuts on the table and investing for economic growth on the table. we need to stop having a discussion about who the bad guy is and start getting serious about getting this done. >> good luck on sunday night. we're all looking forward to seeing what you guys get done on sunday night when you're back in session. it's...
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Dec 30, 2012
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there will be a lot less money for defense. so the american ability to project power abroad is going to decline and maybe rapidly. the key question, of course, economic growth. can we get out of this 1.5% to 2.5% ban we have been in, and break out of that? if we can't, the kind of commitment the government is making will be unaffordable. >> i think we have previously cited the nobel loriat in chicago who looked at this closely and said why are woo we not getting economic growth in the united states? he cited europe which in the 1970s fell off its growth path around 3% after world war ii, and he concluded it was because as jason was suggesting the welfare commitments they made. it was unsustainable, and their growth rate dropped permanently. and lucas raised the question whether the united states itself was on the lower long-term growth path. that's the question.we >> jason, where do we go from here? particularly if you are a conservative, where does the come back begin? does it begin and somehow accommodate the middle and sayin
there will be a lot less money for defense. so the american ability to project power abroad is going to decline and maybe rapidly. the key question, of course, economic growth. can we get out of this 1.5% to 2.5% ban we have been in, and break out of that? if we can't, the kind of commitment the government is making will be unaffordable. >> i think we have previously cited the nobel loriat in chicago who looked at this closely and said why are woo we not getting economic growth in the...
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Dec 27, 2012
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and stay defensive. >> can you give me a maim? give me a name. >> i have a bunch of names. family dollar is -- on the low end of retail. we saw a lot of retailers get hit today but particularly the high end. the coaches and tiffany's got hit. low end we think will see a migration of more dollars trying to affordability. cognizant in the i.t. space. fabulous company. growing earnings. and doing services and building software. fedex growing again. returning to a little bit of global recovery there. you know, out on the edge i con -- well, awfully good. awfully good company. i will go to my on the edge. chipotle, you know, i -- my -- my kids, particularly my 20-year-old son robert and his buddies, they live on this stuff. it is remarkable. >> as i do. >> they are not going to taco bell. that was -- you know, that's been the knock. taco bells, fresh, not going to happen. chipotle. >> why do you say -- if you know people that eat the food, michael why do you say the stock is on the edge? >> no, no, no. i think it is edgy because it is riskier. it is a higher p/e stock, much high
and stay defensive. >> can you give me a maim? give me a name. >> i have a bunch of names. family dollar is -- on the low end of retail. we saw a lot of retailers get hit today but particularly the high end. the coaches and tiffany's got hit. low end we think will see a migration of more dollars trying to affordability. cognizant in the i.t. space. fabulous company. growing earnings. and doing services and building software. fedex growing again. returning to a little bit of global...
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Dec 30, 2012
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i guess you're entitled to a full defense. is it very far from here? way out on the other side of the woods. we'll take the pick up then, it won't take very long. do you wanna come mom? no, dear, no you men run along. i'll stay here to protect the farm in case it is attacked by men from mars. come on, lassie. ♪ ♪ ♪ ♪ isn't it just like i said? well, i gotta admit it's a strange place for a hole this size. flying saucers always land way out in places like this. and look. footprints. that's from one of the men out of the flying saucer. timmy? our footprints are around here also. you still don't believe me. i'm afraid that i'm more inclined to believe that somebody dynamited this crater. probably blasting a rock or something. sorry, son. ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ideas that you may have about things and men from outer space. not in the least. i'm fully aware of this whole new era of science, of rocket ships, space men and possible life on other planets. but you don't believe in flying saucers and men f
i guess you're entitled to a full defense. is it very far from here? way out on the other side of the woods. we'll take the pick up then, it won't take very long. do you wanna come mom? no, dear, no you men run along. i'll stay here to protect the farm in case it is attacked by men from mars. come on, lassie. ♪ ♪ ♪ ♪ isn't it just like i said? well, i gotta admit it's a strange place for a hole this size. flying saucers always land way out in places like this. and look. footprints....
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. >> we showed the picture of the defense secretary for all intense and purpose who just defected and changed sides. he's not just leaving, he's changing sides, which is a tilt if you play pinball. >> not retiring to paris but staying to resist and looking like libya when it went well with defectors. >> christian, good to see you. >> thank you, trace. >> trace: important news for millions of americans with cancer. according to a new study, some doctors believe if you get paid more or if they get paid more to administer the drugs and chemotherapy themself, they make more money. could that create a conflict of interest for you? that's next. [ male announcer ] alka-seltzer plus presents the cold truth. i have a cold, and i took nyquil, but i'm still "stubbed" up. [ male announcer ] truth is, nyquil doesn't unstuff your nose. what? [ male announcer ] it doesn't have a decongestant. no way. [ male announcer ] sorry. alka-seltzer plus fights your worst cold symptoms plus has a fast acting decongestant to relieve your stuffy nose. [ sighs ] thanks! [ male announcer ] you're welcome. that's t
. >> we showed the picture of the defense secretary for all intense and purpose who just defected and changed sides. he's not just leaving, he's changing sides, which is a tilt if you play pinball. >> not retiring to paris but staying to resist and looking like libya when it went well with defectors. >> christian, good to see you. >> thank you, trace. >> trace: important news for millions of americans with cancer. according to a new study, some doctors believe if...
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Dec 29, 2012
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it's a self-defense case, marty. i really believe that. i think the delay in pressing charges -- by the way, the charges they've brought are absolutely insane and the prosecutor should be investigated for bringing charges the way they brought them, directing -- changing prosecutors and say, okay, now charge him. next day he gets charged, first-degree murder. >> first-degree murder is now i believe -- >> second-degree. terrible. >> second-degree. >> we are going to of course be following this one when it goes to trial. it's going to be a huge case. in the meantime, you both will be back in about 20 minutes and we'll talk about some of the outrageous cases this year including the one about real-life ghostbusters. see you in a bit. >>> meanwhile, the white house and congress, they are down to the wire. working through the weekend to avoid that looming fiscal cliff. >>> and at 70 years old he is out to do something few have ever done. he is doing it while battling cancer. this is $100,000. we asked total strangers to watch it for us. thank you
it's a self-defense case, marty. i really believe that. i think the delay in pressing charges -- by the way, the charges they've brought are absolutely insane and the prosecutor should be investigated for bringing charges the way they brought them, directing -- changing prosecutors and say, okay, now charge him. next day he gets charged, first-degree murder. >> first-degree murder is now i believe -- >> second-degree. terrible. >> second-degree. >> we are going to of...
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Dec 30, 2012
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and like franklin roosevelt explained, that for the sake of our national defense, for the sake of the economy, for the sake of climate, we should deal with this problem in an honest way, putting a price on carbon. you know, when i was in united kingdom with anniek after -- she had a mild heart attack there, so i was stuck there for a week. this is right after he was elected before he took office. so we wrote a letter to him and explained this to him. i tried to get john holdren to deliver it to him, but he wasn't sworn in yet so he couldn't do it. >> the president's science adviser. >> yeah. but that -- it's a shame because he said he understood the problem. he said we have a planet in peril. but in a way, i don't think he was getting very good advice. i think that people were telling him well we need more solar panels and we need more efficient vehicles, and those things are true, but they're not gonna solve the problem by themselves. without a price on carbon, all you do by reducing your emissions in those ways is reduce the demand for the fossil fuel, make it cheaper and somebody e
and like franklin roosevelt explained, that for the sake of our national defense, for the sake of the economy, for the sake of climate, we should deal with this problem in an honest way, putting a price on carbon. you know, when i was in united kingdom with anniek after -- she had a mild heart attack there, so i was stuck there for a week. this is right after he was elected before he took office. so we wrote a letter to him and explained this to him. i tried to get john holdren to deliver it to...
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Dec 23, 2012
12/12
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so you go on the moral defensive. so it's not enough to say free markets work. if people feel free markets are somehow a moral, that is sort of a semi-corrupt bargain but they give us material things so we put up with this, it will wither away. it will die. we are trying to say no, free markets don't deliver goods. they deliver good because it's based on morality, amoral optimism about the future. you don't make an investment if you think is that a future. you don't take a risk if you have an environment of pessimism. you take the risk and think i may lose everything, but it may work so i'll try it. that's why you get that optimism and free markets. >> and "freedom manifesto" there is a list of federal taxes in here. accounts receivable tax cut building permit tax, corporate income tax, dog license tax, federal income tax, phishing attacks, iris don't take him a local income tax, luxury taxes for a marriage license tax, payroll, real estate tax and i'm kind of editing as they go here come the social security tax, trailer registration tax, utility taxes, watercra
so you go on the moral defensive. so it's not enough to say free markets work. if people feel free markets are somehow a moral, that is sort of a semi-corrupt bargain but they give us material things so we put up with this, it will wither away. it will die. we are trying to say no, free markets don't deliver goods. they deliver good because it's based on morality, amoral optimism about the future. you don't make an investment if you think is that a future. you don't take a risk if you have an...
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Dec 29, 2012
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not the defensive postures and the naval operations. the nuclear threat is serious. if there is anything we should take from this, we need to have a stronger response. they're not going to allow them to subvert sanctions. we'll continue to push forth to have transparency in what their nuclear progra is and not allow them to coupe us busy with other shenanigans and grandiose operations. adam: we appreciate you being with us this evening from the american islamic forum for democracy. you have a good evening, sir. >> thank you, you too, adam. adam: the u.s. auto industry hit high gear this year in 2012. the fiscal cliff could throw all its gains next year. the lauren fix, known as the car coach is here to explain why and one of my favorite topics, cars. do you think lauren can name this beautiful automobile? we'll giver her a test. what kind of car is that and test her automobile chops next. and test her's as well. is now the time to put your house on the market. top real estate expert says, yes. she is here with details. we'll challenger. we awaiting president obama. h
not the defensive postures and the naval operations. the nuclear threat is serious. if there is anything we should take from this, we need to have a stronger response. they're not going to allow them to subvert sanctions. we'll continue to push forth to have transparency in what their nuclear progra is and not allow them to coupe us busy with other shenanigans and grandiose operations. adam: we appreciate you being with us this evening from the american islamic forum for democracy. you have a...
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Dec 30, 2012
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we've already had a $480 billion cut that's taken place in the defense department. most experts who look closely at that cut believe there's too much risk in that. add $500 billion on top of that, borders on irresponsibility. and it cuts into our ability to provide national security and protect the treasures of the united states. what's going to happen here, it starts with people. the active duty pay would be protected. seven pay would not. -- c would not. they'll be furloughed, kept on the books but not work for a month or two and then eventually they would have to be significant reduction in force. also, and listen to this because the capabilities of the military would be decreased so much, the services, while they have active duty pay for the people, would find themself having to separate tens of thousands of people in addition to the civilian workforce and we'll hollow out the force. as peter mentioned, there would be hundreds of thousands of defense contractors let go. >> you're talking about peter morrisy, the economist who joined us. you give us dire circumst
we've already had a $480 billion cut that's taken place in the defense department. most experts who look closely at that cut believe there's too much risk in that. add $500 billion on top of that, borders on irresponsibility. and it cuts into our ability to provide national security and protect the treasures of the united states. what's going to happen here, it starts with people. the active duty pay would be protected. seven pay would not. -- c would not. they'll be furloughed, kept on the...
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Dec 30, 2012
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we're going to cut the defense budget and people understand it. we're pulling out of afghanistan. we're already out of iraq. we've abdicated doing anything in syria. so we're going to lead a lot less. >> we had the right strategy. i think we could have the right strategy and opportunity. >> look, there is an analogy here. in 1920s, france and britain weren't prepared to enforce the global order they imposed in the vary sigh settlement and it was obvious that germany could violate that order. beginning around 1922 you had two decades leading to the second world war of the revisionist regime that wanted to revise the structure of global power and the status quo powers. today there is one status quo power and under this administration. >> as to whether these countries are going to enforce this world order? >> look you have three presidents. president clinton, bush and obama have said explicitly a nuclear iran is unacceptable. if the iranians are allowed to walk across that threshold with no opposition that is going to demonstrate to other would be aggressive regimes there is no cop o
we're going to cut the defense budget and people understand it. we're pulling out of afghanistan. we're already out of iraq. we've abdicated doing anything in syria. so we're going to lead a lot less. >> we had the right strategy. i think we could have the right strategy and opportunity. >> look, there is an analogy here. in 1920s, france and britain weren't prepared to enforce the global order they imposed in the vary sigh settlement and it was obvious that germany could violate...
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Dec 27, 2012
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the people who believe in national defense and social security and medicare will remember. they will know which party is trying to destroy working democracy in order to pursue its political ends. they will know who listens to the voter, who respects the voter, and who thumbs his nose at the voter and that ladies and gentlemen of the tea party right is you. we go over this cliff and you will not have to ask for whom the bell tolls, it willing tolling for you. leading off tonight josh green and chris frats of national journal. you don't have to be as clear as i, but try, gentlemen, tonight. it looks to me like one party, guns again it's asymmetric. both parties are not screwing around, one is. is that true? >> i think both parties want to go over the cliff. >> both want to go over the cliff? who will get blamed. >> i think republicans will get blamed but i think republicans at this point fear casting a career-threatening vote to raise taxes instead of waiting four days and letting the cliff -- >> and then they can technically say -- >> they're voting for a tax cut. >> do they
the people who believe in national defense and social security and medicare will remember. they will know which party is trying to destroy working democracy in order to pursue its political ends. they will know who listens to the voter, who respects the voter, and who thumbs his nose at the voter and that ladies and gentlemen of the tea party right is you. we go over this cliff and you will not have to ask for whom the bell tolls, it willing tolling for you. leading off tonight josh green and...
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defense industry is a huge employer. i know people who have been getting their layoff notices ahead of the fiscal cliff. market isn't playing defense in selling the stocks. no. pretty close though their 52-week highs and have outperformed the s&p. in fact, lockheed and raytheon ended up, melissa. >> doc j, what do you see? >> ah, i like general dynamics the most of the group. it's only about 4% year to date. some of these others are up double digits. all of general dynamics move lately, melissa, has come since the election. so, this would be the one that i would play of that group. >> okay, jane? >> thanks, jane. >> finally a smackdown between writer dan lions and mark zuckerberg that randi zuckerberg said it wasn't cool that someone retweeted her photo. lion s ripped into her. how awful this might have been, how invasive. how terrible that someone might take something that belongs to you and use it in ways that you had not only anticipated and for which you had not given explicit permission! ouch. >> little pot calling
defense industry is a huge employer. i know people who have been getting their layoff notices ahead of the fiscal cliff. market isn't playing defense in selling the stocks. no. pretty close though their 52-week highs and have outperformed the s&p. in fact, lockheed and raytheon ended up, melissa. >> doc j, what do you see? >> ah, i like general dynamics the most of the group. it's only about 4% year to date. some of these others are up double digits. all of general dynamics move...
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Dec 27, 2012
12/12
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FOXNEWSW
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but remember high taxes and defense cuts, that's a democrat's sweet 16 party. they love that stuff. so saying there is all that damage is like saying sardine and milk is bad for cats. they will love this. and that shows how the democrats really pranked the republicans. the democrats are so good at politics. politics to them is like inmates making shivs. they do it all day. when it's the end of the day they can stab you and republicans are going what just happened to me? i just got stabbed! that's what they do for a living. they are good at politics. >> according to the wall street journal on thursday boehner offered $600 billion or $800 billion in revenue increases and obama said those don't count, those are mine. what's up with that? >> what the president is talking about is three times that in terms what have he wanted for revenue increases. they are saying we will give you a third of that, and you know what, you have to count this as something we are giving you it negotiate with and so you have to give us something for it. the president is saying we already have substantial budge
but remember high taxes and defense cuts, that's a democrat's sweet 16 party. they love that stuff. so saying there is all that damage is like saying sardine and milk is bad for cats. they will love this. and that shows how the democrats really pranked the republicans. the democrats are so good at politics. politics to them is like inmates making shivs. they do it all day. when it's the end of the day they can stab you and republicans are going what just happened to me? i just got stabbed!...
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Dec 24, 2012
12/12
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there will be big cuts to defense. that could put about 300,000 jobs at risk. unemployment benefits are cut, meaning about 2 million long-term unemployed run out of benefits. let's not forget the doctors in this. they face a 20% cut to payments for treating medicare he patients. that's a small sampling. i haven't mentioned the overall impact to the economy. company cans will continue holding off on hiring even more than now. many people believe we'll go into a reception, and the list seems to go on and on. if you want to read more about this, go to cnnmoney. it breaks it all down. they get into the numbers for you, too, suzanne. >> i want to talk more about this. thank you very much. we know the clock is ticking down and we hope the two sisd are talking but it doesn't seem like it's happening and bloo there's a possibility of an aagreement before this happens in the new year. you have the democrats and white house and republicans, they say it's possible we're not going to reach a deal here. as alison mentioned you see massive tax increases for just about every
there will be big cuts to defense. that could put about 300,000 jobs at risk. unemployment benefits are cut, meaning about 2 million long-term unemployed run out of benefits. let's not forget the doctors in this. they face a 20% cut to payments for treating medicare he patients. that's a small sampling. i haven't mentioned the overall impact to the economy. company cans will continue holding off on hiring even more than now. many people believe we'll go into a reception, and the list seems to...
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Dec 24, 2012
12/12
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WUSA
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the success he had, and then jack del rio turning around a defense. number two in the nfl against the run. that's what all coaches talk about. we have to stop the run and the broncos have done that this season. ian: third and 7. down to 2:4 to play in the fourth. hillman tripled. he was trying to take it to the outside. ronnie hillman goes down. and it's fourth down. only one game left. a chance to sweep the division and denver will be looking for its 11th straight win to end the regular season. next week they play host to the kansas city chiefs. the cleveland browns will wrap up next week at pittsburgh in a game that could have had playoff implications but the steelers falling into the bengals earlier today so pittsburgh is out of the pittsburgh is out of the playoff race. neural speeds increasing to 4g lte. brain upgrading to a quad-core processor. predictive intelligence with google now complete. introducing droid dna by htc. it's not an upgrade to your phone. it's an upgrade to yourself. for centuries." ♪ this levian collection is amazing. maybe
the success he had, and then jack del rio turning around a defense. number two in the nfl against the run. that's what all coaches talk about. we have to stop the run and the broncos have done that this season. ian: third and 7. down to 2:4 to play in the fourth. hillman tripled. he was trying to take it to the outside. ronnie hillman goes down. and it's fourth down. only one game left. a chance to sweep the division and denver will be looking for its 11th straight win to end the regular...
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Dec 30, 2012
12/12
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CSPAN
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you've shown not only through your science, but also through your defense of the science, through your congressional testimony, through the work that you've done in the last few years telling the world that we don't have the luxury of remaining silent anymore. we have to go and speak truth to power, to tell people, this is where the chips are lying. this is what the science tells us. it's a real honor and a privilege to, on behalf of the jury, on behalf of bud ward, larry goulder and greg dalton, present you with the 2012 steve schneider climate science communication award. as you know, steve had the metaphor about cloudy crystal ball -- [laughter] -- hold this up -- getting across the idea thsat we can't precisely see the details of what's in the pipeline as you put it, the shape of things to come for the climate system, but we know enough. we can see clearly enough. thank you for everything that you've done. it's a real privilege to call you a friend and a colleague. [applause] >> and we've been talking -- today, we've been talking about courageous communication and climate communica
you've shown not only through your science, but also through your defense of the science, through your congressional testimony, through the work that you've done in the last few years telling the world that we don't have the luxury of remaining silent anymore. we have to go and speak truth to power, to tell people, this is where the chips are lying. this is what the science tells us. it's a real honor and a privilege to, on behalf of the jury, on behalf of bud ward, larry goulder and greg...
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Dec 27, 2012
12/12
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most studies have not found concrete of torture's efficacy and a 2006 report from the national defense intelligence college found that the scientific community has never established the interrogation methods are effective means of obtaining reliable intelligence. .in contrast to the movie's narrative, a senate report found no evidence that enhanced interrogations played a significant role in the year's long intelligence operation which led to the discovery and killing of bin laden. now, even beyond the sight over the road to ben laden, i think there's a larger issue here. america has never fully reckoned with torture. the public was initially shocked by disclosures about waterboarding and torture at the abu ghraib prison. but there have been no prosecutions, no truth commissions and no meaningful accountability. president obama did run on restoring the rule of law to the fight against terrorist and al qaeda. but when the huffington post sam stiep asked him about torture prosecution, he expressed little interest in prosecution alleged war crimes. >> if there are clear instances of wrong
most studies have not found concrete of torture's efficacy and a 2006 report from the national defense intelligence college found that the scientific community has never established the interrogation methods are effective means of obtaining reliable intelligence. .in contrast to the movie's narrative, a senate report found no evidence that enhanced interrogations played a significant role in the year's long intelligence operation which led to the discovery and killing of bin laden. now, even...
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Dec 22, 2012
12/12
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that would be to my reading the concept of self defense. set -- interestingly, carolco had in his speech taken a very interesting view of what the use of force was in the context of cyber. most scholars would say there's a difference between use of force as spoken about in article ii sub paragraph iv and armed attack which is used in article li and he says in his view there is no difference, then we get to the further question, putting a piece of malware in somebody else's computers the use of force. it is an unfriendly act but not necessarily use of force but subject -- >> this is what you referred to. >> brought back on the table. [talking over each other] >> it is wrong to think about this from a legal point of view. i think of it from a work point of view. we have a situation where potentially there's an enormous did vantage to striking first in a cyberwar. first, you take out the other guy's power and internet service and a bunch of other things which makes it hard to launch a counter-attack. it has attractions plus you will have so ma
that would be to my reading the concept of self defense. set -- interestingly, carolco had in his speech taken a very interesting view of what the use of force was in the context of cyber. most scholars would say there's a difference between use of force as spoken about in article ii sub paragraph iv and armed attack which is used in article li and he says in his view there is no difference, then we get to the further question, putting a piece of malware in somebody else's computers the use of...
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Dec 24, 2012
12/12
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joey jackson former prosecutor, criminal defense attorney. all right, now clearly the iowa supreme court got it wrong and when i advised arthur of that -- >> you're editorialing. >> he was going to crush me with the logic of his argument. >> they upheld the lower court judge, looked at a*ul the rulingall of the cases that were similar. the appeals court had no problem quickly saying that he is correct, the lower court judge is correct. there is no case here. the issue before us is not whether the jury can find whether the doctor treated the employees badly. a genuine fact exeubgs exists in unlawful gender discrimination. he works with all women, gregg, there are women all around him, including his wife. when his wife found out there was a little texting going on, she said if you want to save your marriage get rid of her, an did. this is for the marriage and sanctity of the family. gregg: did you read the iowa civil rights act? >> probably some time in 1991 when i was preparing for the new york bar. gregg: if you bothered to read the law you w
joey jackson former prosecutor, criminal defense attorney. all right, now clearly the iowa supreme court got it wrong and when i advised arthur of that -- >> you're editorialing. >> he was going to crush me with the logic of his argument. >> they upheld the lower court judge, looked at a*ul the rulingall of the cases that were similar. the appeals court had no problem quickly saying that he is correct, the lower court judge is correct. there is no case here. the issue before...
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Dec 27, 2012
12/12
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seems odd way floating someone as secretary of defense. >> he has a military background. he has a senate background. he has a cost cutting background. he was a business background. administration background. he comes to the table an independent streak that makes him not part of the partisan bickering in washington that people are sick of. while it's perfectly conversation. mitch mcconnell said our number one goal is is to defeat president obama. there is a sense that a lot of republicans want to just block every single thing. >> laura: if he doesn't get nominated because of the republicans. it's probably going to be because of the democrats, the jewish lobby comment and maybe not voting for the iran libyan sanctions. probably have republican opposition as well. margie great to see you. >> great to sigh. happy holidays. >> laura: happy holidays. next on the run down the newtown massacre stopped shopping in its tracks. later in the wake of that slort in slaughter in connecticut. new york newspaper publishes the names and addresses of local gun permit owners. has their priva
seems odd way floating someone as secretary of defense. >> he has a military background. he has a senate background. he has a cost cutting background. he was a business background. administration background. he comes to the table an independent streak that makes him not part of the partisan bickering in washington that people are sick of. while it's perfectly conversation. mitch mcconnell said our number one goal is is to defeat president obama. there is a sense that a lot of republicans...
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Dec 30, 2012
12/12
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>> i was called by leon panetta last night at 7 can 3 0 doubles,ing dinner. >> secretary of defense. >> yes. i was told, lindsey there wouldn't be anything in this deal to avoid sequestration going into effect. he says if we do this, it will be shooting the defense department in the head and we will have to send out 800,000 layoff notices the beginning of the year. he is worried to death we don't fix sequestration, we are going to destroy the finest military in the world at the time we need it the most. >> and there you have it, the voice on sunday. there is no deal yet on the fiscal cliff. so what does it all mean for you and your money? well, we will have you back and we will talk about the cutbacks to spending and what it all means to you. we have got the experts to give you some advice. it's our exclusive fiscal cliff roundtable and it's coming up right now on cnn. what a night, huh? but, um, can the test drive be over now? head back to the dealership? [ male announcer ] it's practically yours. but we still need your signature. volkswagen sign then drive is back. and it's never b
>> i was called by leon panetta last night at 7 can 3 0 doubles,ing dinner. >> secretary of defense. >> yes. i was told, lindsey there wouldn't be anything in this deal to avoid sequestration going into effect. he says if we do this, it will be shooting the defense department in the head and we will have to send out 800,000 layoff notices the beginning of the year. he is worried to death we don't fix sequestration, we are going to destroy the finest military in the world at...
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Dec 28, 2012
12/12
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FBC
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it's not just defense companies. it's also other companies that get a lot in the way of government contracts, and there's companies here, get 50% or more of their sales from government contracts. really interesting stuff. it's not just, again, defense companies. you're going to see waste management in there, an environmental company. motorola in there as well. we talked to fidelity. they are concerned as well telling amists to watch for certainly insexes -- indexes and others that cover financials and others cited there. adam: i have friends saying there's no fiscal cliff, it's make believe trumped up by the media and parties to scare people, get rate, and, perhaps bring about policy that's not true. look at the companies, the fact that the government -- look at the contracts that would be canceled, those are people who would lose jobs in several months. the recession that the cbo is legitimate looking at that list. >> that's right, adam. it's interesting because it flushes out what companies basically operate on the
it's not just defense companies. it's also other companies that get a lot in the way of government contracts, and there's companies here, get 50% or more of their sales from government contracts. really interesting stuff. it's not just, again, defense companies. you're going to see waste management in there, an environmental company. motorola in there as well. we talked to fidelity. they are concerned as well telling amists to watch for certainly insexes -- indexes and others that cover...
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Dec 27, 2012
12/12
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KTVU
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. >>> and frank gore, mikey, on the defense frank willis is doing better and is joined by justice smith, shawn gold son and dawn tie wet moore. and the 24th ranked spartans will be ranked today. the teams had five weeks to prepare for this game and if san jose wins, they will have their first win since 1940. kickoff is at the stadium in washington d.c. let's go back out to tara for more on how the roads are treating us, tara? >>> it has been good and the roads have been slick so today is looking good and this is 280 at the 880 split and folks with the headlights are headed northbound and no delays. at 680 at the sunole grade -- sunole grade in fremont near 680, it is pretty close to the sunole grade but it looks like it's not impacting traffic, so that is good. let's head over to mark. >>> we have a dry weather forecast just a few clouds but a break in the clouds and temperatures are in the 40s and we will recover back to the 50s by 3:00 later on today. santa rosa 53, san jose 54 and here is a look at your five-day forecast with your weekend always in view and for the weekend, we introd
. >>> and frank gore, mikey, on the defense frank willis is doing better and is joined by justice smith, shawn gold son and dawn tie wet moore. and the 24th ranked spartans will be ranked today. the teams had five weeks to prepare for this game and if san jose wins, they will have their first win since 1940. kickoff is at the stadium in washington d.c. let's go back out to tara for more on how the roads are treating us, tara? >>> it has been good and the roads have been slick...
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Dec 28, 2012
12/12
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CNBC
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higher growth names outperforming versus last year which was more defensive. what you do is look at the real laggards, hp and intel come to mind real quickly. >> right. >> they are down low for very good reasons. they are reason to be the desk top computing is definitely under siege with more mobile computing. the management issues with hp. all of those things need to be ironed out and as a result the stocks have underperformed. >> are you saying you would buy those here? >> we don't own them right now and not contemplating buying them right now. talk about strategy, you know, this is where you would look if you're espousing this strategy of buying longer term laggards that have underperformed. these are two, you know, exhibit "a" names that you would look at, but you'll have to be patient and you'll have to wait out a lot of internal activity, especially with respect to h and p before you get some growth. >> chris, am i right in thinking that some of michael's darlings are actually some of your dogs for 2013? specifically intel and hp? >> let's look at intel,
higher growth names outperforming versus last year which was more defensive. what you do is look at the real laggards, hp and intel come to mind real quickly. >> right. >> they are down low for very good reasons. they are reason to be the desk top computing is definitely under siege with more mobile computing. the management issues with hp. all of those things need to be ironed out and as a result the stocks have underperformed. >> are you saying you would buy those here?...
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Dec 27, 2012
12/12
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MSNBCW
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. >>> plus the chuck hagel for secretary of defense bubble has been popped. by floating other names. did obama's miss like bork even getting nominated? i don't like this process. >>> and new reports the tea party process was imploding, imploding well before election day. including an attempt with dick armey getting aimed. >>> plus we'll have the top viral videos of 2012 including this one. >> we're all on our own if romney has his way. and he's against safety nets. if you fall, tough luck. so i strongly suggest that you wake the [ bleep ] up. >> actually, that's samuel l. jackson, he's a nice fella personally. this is "hardball," the place for politics. he really is a nice guy. i met him. we were so blessed when we had triplets if by blessed you mean freaked out about money well we suddenly noticed that everything was getting more expensive so we switched to the bargain detergent but i found myself using three times more than you're supposed to and the clothes still weren't as clean as with tide. so we're back to tide. they're cuter in clean clothes. thanks h
. >>> plus the chuck hagel for secretary of defense bubble has been popped. by floating other names. did obama's miss like bork even getting nominated? i don't like this process. >>> and new reports the tea party process was imploding, imploding well before election day. including an attempt with dick armey getting aimed. >>> plus we'll have the top viral videos of 2012 including this one. >> we're all on our own if romney has his way. and he's against safety...
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Dec 24, 2012
12/12
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CNBC
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stocks are cheap relative to bonds so i don't want to get too defensive here. >> you were with us at the top of the hour and made clear you were on hold until you see something about a fiscal cliff resolution of some kind. is there nothing you would buy between now and the end of the year? >> nothing. maybe some inverse etfs, bill, quite honestly. i want to see not just fiscal cliff resolution but i want to see q 1 earnings. i'm sorry. q 4 earnings. last quarter's earnings were not all that exciting. we really saw the european effect take hold in a lot of these companies really laboring and a lot have bounced back. i think again it is this liquidity driven move that we've seen in the marketplace and i think, you know, despite it being wrong myself, that is fine, i think the market is getting it wrong and i think the greatest christmas gift people are getting here is the dow above 13,000 and the ability as our previous guest as kevin said to fake sotake some money off t table. i don't think it means rushing into bonds but sitting on some cash and waiting things out. i think there will
stocks are cheap relative to bonds so i don't want to get too defensive here. >> you were with us at the top of the hour and made clear you were on hold until you see something about a fiscal cliff resolution of some kind. is there nothing you would buy between now and the end of the year? >> nothing. maybe some inverse etfs, bill, quite honestly. i want to see not just fiscal cliff resolution but i want to see q 1 earnings. i'm sorry. q 4 earnings. last quarter's earnings were not...
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Dec 27, 2012
12/12
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FBC
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i you have to prepare for that and be defensive. again with corporate earnings going down, if there was, if this were happening with positive fundamental backdrop, that would be one thing but it's a negative fundamental backdrop with the fiscal cliff. markets are going out there just downwards. adam: jeffrey what he touched upon i believe we go into recession. there are sure indicators we may be headed that way. consumer confidence the number today was not very good. it was far below what economists expected. are we already there have we brought about a self-prophecy because of this fiscal cliff craziness? >> we've seen slow down in capital spending. we've seen a slowdown in hiring. we've already seen to certain extent some of the effects of the cliff. i don't think we'll go into recession, adam. i think we'll experience continued period of subpar economic growth. but a lot of indicators i'm looking at tell me continued, moderate growth, not a recession in the next six to 12 months. adam: steve hays, if we're not going into recessio
i you have to prepare for that and be defensive. again with corporate earnings going down, if there was, if this were happening with positive fundamental backdrop, that would be one thing but it's a negative fundamental backdrop with the fiscal cliff. markets are going out there just downwards. adam: jeffrey what he touched upon i believe we go into recession. there are sure indicators we may be headed that way. consumer confidence the number today was not very good. it was far below what...
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Dec 27, 2012
12/12
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. >>> plus the chuck hagel for secretary of defense bubble has been popped. by floating other names. did obama's miss like bork even getting nominated? i don't like this process. >>> and new reports the tea party process was imploding, imploding well before election day. including an attempt with dick armey getting aimed. >>> plus we'll have the top viral videos of 2012 including this one. >> we're all on our own if romney has his way. and he's against safety nets. if you fall, tough luck. so i strongly suggest that you wake the [ bleep ] up. >> actually, that's samuel l. jackson, he's a nice fella personally. this is "hardball," the place for politics. he really is a nice guy. >>> former president george h.w. bush took a turn for the over and he's against safety nets. if you fall, tough luck. so i strongly suggest that you wake the [ bleep ] up. >> actually, that's samuel l. jackson, he's a nice fella personally. this is "hardball," the place for politics. he really is a nice guy. >>> former president george h.w. bush took a turn for the worse over christmas
. >>> plus the chuck hagel for secretary of defense bubble has been popped. by floating other names. did obama's miss like bork even getting nominated? i don't like this process. >>> and new reports the tea party process was imploding, imploding well before election day. including an attempt with dick armey getting aimed. >>> plus we'll have the top viral videos of 2012 including this one. >> we're all on our own if romney has his way. and he's against safety...
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Dec 24, 2012
12/12
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controversy brewing over chuck hagel's possible nomination as defense secretary. will the president go all in or go with someone else? >>> and fired for being simply too irresistible. one state's highest court says not a problem. this is a story you really do have to hear and see to believe. we'll bring it to you, next. [ male announcer ] truth is, dayquil doesn't treat that. really? [ male announcer ] alka-seltzer plus fights your worst cold symptoms, plus it relieves your runny nose. [ breathes deeply ] awesome. [ male announcer ] yes, it is. that's the cold truth! i need you. i feel so alone. but you're not alone. i knew you'd come. like i could stay away. you know i can't do this without you. you'll never have to. you're always there for me. shh! i'll get you a rental car. i could also use an umbrella. fall in love with progressive's claims service. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and
controversy brewing over chuck hagel's possible nomination as defense secretary. will the president go all in or go with someone else? >>> and fired for being simply too irresistible. one state's highest court says not a problem. this is a story you really do have to hear and see to believe. we'll bring it to you, next. [ male announcer ] truth is, dayquil doesn't treat that. really? [ male announcer ] alka-seltzer plus fights your worst cold symptoms, plus it relieves your runny nose....
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Dec 28, 2012
12/12
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CNBC
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the philadelphia defense index, we are very close to all-time highs on this defense index. there are a couple of names to watch within this index. general dynamics, which has had a nice run since about the mid-november time frame or so, announcing today that along with huntingtonengles, it has won a navy submarine contract. and those are secure even if the defense department undergoes sequestration. interesting deal being made there. >> taking a look at some of the biggest names that are among the biggest losers. traders have told us, if you're in the money on a lot of these names, why not take some money off gap for instance, masco. names like that are related to housing and retail. >> and speaking of retail, coors, third straight day of losses for shares of coors. a big winner so far this year. yesterday, citigroup had cautious comments from itses, saying in some cases, there are massive discounts on kors handbags. so questions on the pricing in the margins on kors. but this thing went public on the new york stock exchange, and it has had a monster run. 78% over the past
the philadelphia defense index, we are very close to all-time highs on this defense index. there are a couple of names to watch within this index. general dynamics, which has had a nice run since about the mid-november time frame or so, announcing today that along with huntingtonengles, it has won a navy submarine contract. and those are secure even if the defense department undergoes sequestration. interesting deal being made there. >> taking a look at some of the biggest names that are...
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Dec 28, 2012
12/12
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KPIX
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. >> you can't put into words know what he means to this defense. >> pressure, hit, sacked! justin smith gets him. >> he is one of the guys that i look up to in this league. i have always been a big fan of guys who go out there and give it their all and you can see they are just not talk but you can see it from them and justin has been that from day one of the he stepped in and all the way up until, you know, he even tried to come back in and play. so hopefully, we're able to get him back in the play-offs. >>> got the ballgames for you. san jose state, wow! from a 1-11 a couple seasons ago to a 11-win team, nice military bowl performance in front of the new boss, coach ron caragher. he will take over after this game against bowling green in red. spartan quarterback david fales his kyle nunn. spartans up 10-6. fales hits. fumbles. bowling green's chris jones returns it, near the 10-yard line. i love it when the big fellas rumble. on the very next play, it's an ton samuels who punched it n bowling green took the lead 13- 10. but as is often said, time to make a play! spartans
. >> you can't put into words know what he means to this defense. >> pressure, hit, sacked! justin smith gets him. >> he is one of the guys that i look up to in this league. i have always been a big fan of guys who go out there and give it their all and you can see they are just not talk but you can see it from them and justin has been that from day one of the he stepped in and all the way up until, you know, he even tried to come back in and play. so hopefully, we're able to...
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Dec 26, 2012
12/12
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. >>> plus the chuck hagel for secretary of defense bubble has been popped. by floating other names. did obama's miss like bork even getting nominated? i don't like this process. >>> and new reports the tea party process was imploding, imploding well before election day. including an attempt with dick armey getting aimed. >>> plus we'll have the top viral videos of 2012 including this one. >> we're all on our own if romney has his way. and he's against safety nets. if you fall, tough luck. so i strongly suggest that you wake the [ bleep ] up. >> actually, that's samuel l. jackson, he's a nice fella personally. this is "hardball," the place for politics. he really is a nice guy. i met him. lf? c'mon, michael! get in the game! [ male announcer ] don't have the hops for hoops with your buddies? lost your appetite for romance? and your mood is on its way down. you might not just be getting older. you might have a treatable condition called low testosterone or low t. millions of men, forty-five or older, may have low t. so talk to your doctor about low t. hey, mic
. >>> plus the chuck hagel for secretary of defense bubble has been popped. by floating other names. did obama's miss like bork even getting nominated? i don't like this process. >>> and new reports the tea party process was imploding, imploding well before election day. including an attempt with dick armey getting aimed. >>> plus we'll have the top viral videos of 2012 including this one. >> we're all on our own if romney has his way. and he's against safety...